Chicago Federal Reserve Bank President Austan Goolsbee offers a hopeful glimpse into the future of interest rates, predicting potential decreases within the next 12 to 18 months. His […]
Japan’s Capital Spending Soars, Driven by Domestic Demand
Japanese companies are investing heavily in their future growth, even amidst global trade tensions. In the first quarter of 2025, capital spending rose significantly, exceeding expectations and reflecting […]
Global Debt Hits $324 Trillion in Q1 2025: Record Increase Raises Concerns
Global debt reached a record-breaking $324 trillion in the first quarter of 2025, according to the Institute of International Finance (IIF), marking a significant surge that raises concerns […]
U.S. Treasury Guarantees No Default on National Debt
The U.S. Treasury has issued a statement assuring markets that it will not default on its national debt despite ongoing talks to raise the debt ceiling. This assurance […]
Jamie Dimon Warns of US Dollar Decline as Domestic Challenges Persist
JPMorgan Chase CEO Jamie Dimon has voiced concerns about the future of the U.S. dollar’s role as a global reserve currency, citing internal economic and financial challenges within […]
South Korea’s Exports Decline Amid Global Economic Slowdown
South Korea’s exports experienced a notable decline in May, indicating the growing economic pressure faced by this trade-reliant nation as global demand weakens and uncertainty surrounding US tariffs […]
Fed Expected to Keep Interest Rates Steady in June
The US Federal Reserve (Fed) is likely to hold interest rates steady in June, according to a high probability of 98%. This decision reflects the ongoing economic dilemma […]
U.S. Consumer Sentiment Index Rises to 52.2 in May
The U.S. consumer sentiment index saw a notable jump, reaching 52.2 in May, exceeding predictions and ending four months of decline according to the University of Michigan. This […]
France Faces Debt Crisis, Potential Retirement Fears Loom
France is grappling with escalating debt interest rates, raising alarm bells about a looming economic crisis. With public debt exceeding 113% of GDP and expected interest payments to […]
Atlanta Fed Forecasts US Q2 Growth at 3.8%, Driven by Net Exports
The Atlanta Federal Reserve has revised its GDP growth forecast upward, predicting a 3.8% increase in the second quarter of 2025. This revision is primarily attributed to an […]
US Court Strikes Down Trump’s Tariffs, Impacting Global Trade
A landmark ruling by the U.S. Court of International Trade has blocked the majority of tariffs imposed during the Trump administration. The decision affects global trade and presents […]
Corporate Profits Plummet to Lowest Level Since 2020
The U.S. Bureau of Economic Analysis (BEA) recently released data revealing the steepest quarterly decline in corporate profits since Q4 of 2020, dropping by $118 billion in Q1 […]
US Economy Slows: How it Impacts Crypto Markets
A recent US GDP contraction, signaling a slowdown in economic growth, raises questions about the impact on the crypto market. While cryptocurrencies operate independently of traditional financial systems, […]
Fed Meets with Trump to Discuss Economic Outlook
Following the Federal Reserve’s decision to keep interest rates steady, cryptocurrency investors await an altcoin boom that has yet to materialize. Additionally, recent trade tariff developments have led […]
Powell Meets Trump: Economic Policy Tension Under Scrutiny
A historic meeting between Fed Chair Jerome Powell and former President Donald Trump underscores the ongoing political divide in U.S. economic policy, raising concerns about market stability. The […]